股指期货推出对股票市场波动性影响的研究——基于中国及周边亚太市场的中期报告.docxVIP

股指期货推出对股票市场波动性影响的研究——基于中国及周边亚太市场的中期报告 摘要： 本中期报告基于中国及周边亚太市场的经验数据，研究股指期货推出对股票市场波动性的影响。通过对多个国家的数据分析，我们发现股指期货推出会显著增加股票市场波动性。在中国市场，股指期货推出前后的波动性明显不同，但分析结果对不同类型的股票波动性影响不同。此外，我们还发现其他因素如市场流动性、监管机制及外部风险等会对股票市场波动性产生影响。总体而言，股指期货推出会增加股票市场波动性，应引起监管者和投资者重视，同时加强监管机制和市场流动性的稳定性，以减少不必要的风险。 关键词：股指期货，股票市场波动性，中国市场，周边亚太市场，监管机制 Abstract: This mid-term report is based on empirical data from China and the surrounding Asia-Pacific markets to explore the impact of introducing stock index futures on stock market volatility. Our analysis of data from several countries reveals that the introduction of stock index futures significantly increases market volatility. In the Chinese market, significant differences in volatility were observed before and after the introduction of stock index futures, but the impact on different types of stocks was varied. In addition, other factors such as market liquidity, regulatory mechanisms, and external risks have an impact on market volatility. Overall, the introduction of stock index futures increases stock market volatility and should be of concern to regulators and investors. Greater attention must be paid to enhancing regulatory mechanisms and market liquidity to reduce unnecessary risks. Keywords: stock index futures, stock market volatility, Chinese market, Asia-Pacific markets, regulatory mechanisms